Collection Question

[onfussedandneedinghelp]

I have a question...

I have 4 collections on my record and I want to know how many points it is hurting me. They total about $500. Is one worth x amount, 2 adds another x amount, etc etc.... How do you think it is hurting my score? Thanks in advance

[Anonymous]

It depend how recently they updated-

I just had 2 collections (getting ready to be removed) added to EX- 82 points. The $ amounts don't really matter-

Be sure to read the Credit 101 Thread - RTC101T

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onfussedandneedinghelp wrote:

I have a question...

I have 4 collections on my record and I want to know how many points it is hurting me. They total about $500. Is one worth x amount, 2 adds another x amount, etc etc.... How do you think it is hurting my score? Thanks in advance

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[llecs]

You also won't see much of a bump if your remove the first. The second will produce a better result, the third much more and the last will count the most......all depending on age.